On August 29, Bloomberg reported that the Commodity Futures Trading Commission (CFTC) recently issued guidance allowing some overseas cryptocurrency exchanges to legally offer derivatives to US traders. This move offers companies such as Binance Holdings Limited the possibility of re-entering the US market. Under the new rules, foreign platforms must register as "foreign trading boards" and obtain full licenses under regulatory regimes deemed by the CFTC to be equivalent to US regulatory standards. [Techflow]